Loan Protection

Credit Life and Disability Insurance

Protecting your credit and your assets is important. Members of Citizens Federal Credit Union are offered the peace of mind of Credit Life and Credit Disability Insurance. Credit Disability coverage provides important security for you and your family. If you become disabled by a covered sickness or accident, your loan payments will be made, up to the policy maximum, during your disability. Credit Life Insurance will pay the entire loan balance in the event of your death. Both coverages are available on all consumer loans for a minimal cost.

Gap Insurance

Gap Insurance provides peace of mind. Gap or Guaranteed Asset Protection is designed to relieve the borrower of the responsibility for paying for the remainder of a loan that their primary insurance carrier does not cover if the vehicle is stolen or totaled.

Gap Insurance also helps protect your credit rating and can help you avoid financial hardships, so you can afford a replacement vehicle.

Extended Vehicle Service Protection

Members can also take advantage of another cost saving feature by being a member of Citizens. We offer InterContinental Warranty Services, a named-exclusion vehicle service agreement that pays for the cost of parts and labor for mechanical breakdown on covered automobiles.

This program is available to any member who takes a loan for the purchase of a new or qualifying used vehicle. Vehicles still covered under their original factory warranties are also eligible for this extended coverage up to 7 years or 100,000 miles. This protection is provided to members at a savings of hundreds of dollars below car dealer rates.

Ask our lending staff about this affordable peace of mind protection when you purchase your next car.

These products offered are not federally insured, are not obligations of the credit union, and are not guaranteed by the credit union.